In the Future IBs and Financial Advisors Compete Head to Head

Managed futures mutual funds appear to clear one significant regulatory hurdle Broad distribution of managed futures through a mutual fund structure, which at one point faced an uncertain future, appears to be moving forward, according to Dan Driscoll of industry regulator National Futures Association (NFA). At a recent meeting in Chicago, the NFA brought together top industry participants with divergent interests, from commodity pool operators (CPOs) to existing managed futures mutual fund operators, who, with NFA encouragement, worked out differences to craft potential rule changes that will now go to the Commodity Futures Exchange Commission (CFTC). It is the group’s…

The full article is available to active NIBA members only.

Please login or sign up to read the rest.
Log In Register